Poland's CPI 50 pct likely to be in range of 2.0 - 4.8 pct in 2026 - central bank projection
With 50-percent probability, Poland will see the consumer price index at the range of 4.1 - 5.7 percent in 2025. The annual price growth will reach 2.0 - 4.8 percent in 2026 and 1.1 - 3.9 percent in 2027, according to the newest projection by Poland's central bank NBP's Economic Analysis Department.
According to the projection, Poland's GDP growth is 50 percent likely to be in the range of 2.9 - 4.6 percent in 2025, in the range of 1.9 - 4.0 percent in 2026 and between 1.1 and 3.5 percent in 2027.
The projection takes into account data available up to February 27, 2025.
Below is the March central projection path, as calculated by PAP Biznes.
| March projection | |||
| 2025 | 2026 | 2027 | |
| CPI | 4.9 | 3.4 | 2.5 |
| PKB | 3.75 | 2.95 | 2.3 |
On Wednesday, March 12, Poland's Monetary Policy Council has left all of the NBP's interest rates unchanged, including the reference rate at 5.75 percent.
The decision has been in line with analysts’ expectations.
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